Nike second-quarter profit fell 4% but still exceeded expectations

NKE shortly after the close of the US stock market announced that the profit of the past second quarter totaled 375 million U.S. dollars, or 76 cents a share, down by about 399 million U.S. dollars from the same period last year and 80 cents a share %. Quarterly revenue also slipped approximately 4% YoY to $ 4.4 billion. According to a survey by market researcher FactSet Research, analysts on average expected the second quarter of Nike will profit 71 cents a share, total sales of about 4.4 billion US dollars. This sneaker giant also said growth worldwide from the total future orders in December 2009 until April next year of 4 percent to $ 7 billion, orders growth in emerging market leader, while Japan and the amount of orders the North American market were down .

Shares of Nike-listed NYSE-listed shares fell 80 cents to settle at 63.25 U.S. dollars, down 1.25% on Thursday. After the announcement of earnings, as of 4:29 pm EST (5:29 am GMT), the stock rose $ 1.60 to $ 64.85, or 2.53%, in after-hours trading.

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